Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| SUPPLEMENTAL DISCLOSURES | AUDITED FINANCIAL STATEMENTS FORM 990, PART IV, LINE 12 & PART XII, LINE 1 THE AUDITED FINANCIAL STATEMENTS OF UNISYS SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN TRUST (THE "TRUST") ARE PREPARED ON A MODIFIED CASH BASIS OF ACCOUNTING, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN GAAP. ----------------------------------- NUMBER OF EMPLOYEES REPORTED ON FORM W-3 FORM 990, PART V, LINE 2A THE TRUST DOES NOT HAVE EMPLOYEES. THE FORMS W-2 FILED FOR THE YEAR WERE TO REPORT BENEFITS PAID TO ELIGIBLE PLAN PARTICIPANTS. SUCH PARTICIPANTS ARE NOT EMPLOYEES OF THE TRUST. ----------------------------------- TOTAL NUMBER OF OFFICERS, DIRECTORS, AND TRUSTEES PERMITTED TO VOTE FORM 990, PART VI, SECTION A, LINE 1A THE TRUST OPERATES FOR THE EXCLUSIVE PURPOSE OF FUNDING SUPPLEMENTAL UNEMPLOYMENT BENEFIT PAYMENTS SPONSORED BY UNISYS CORPORATION. THE TRUST DOES NOT OPERATE INDEPENDENTLY WITH RESPECT TO CONDUCTING BUSINESS AND, AS SUCH, DOES NOT HOLD BOARD MEETINGS. ALL ADMINISTRATIVE ACTIVITIES INVOLVED WITH RESPECT TO THE TRUST ARE HANDLED BY THE TRUSTEE, THE PLAN MANAGER AND THE UNISYS CORPORATION PENSION INVESTMENT REVIEW COMMITTEE. ----------------------------------- GOVERNANCE AND POLICIES FORM 990, PART VI, SECTION A, LINE 8 & SECTION B, LINES 12-15 THE TRUST IS A SUPPLEMENTAL UNEMPLOYMENT BENEFITS TRUST PURSUANT TO IRC SECTION 501(C)(17). ITS TRUSTEE, THE BANK OF NEW YORK MELLON, HAS A FIDUCIARY DUTY TO ADMINISTER THE TRUST IN THE BEST INTEREST OF THE BENEFICIARIES AND OPERATE PURSUANT TO A STRINGENT CODE OF CONDUCT. SINCE THE TRUST DOES NOT HAVE EMPLOYEES, THERE ARE NO PROCESSES IN PLACE RELATED TO EMPLOYEE COMPENSATION. ----------------------------------- REVIEW OF FORM 990 FORM 990, PART VI, SECTION B, LINE 11B DATA FOR THE FORM 990 IS PROVIDED TO PRICEWATERHOUSECOOPERS LLP FOR USE IN PREPARATION OF THE FORM 990. THE FORM 990, AS PREPARED BY PRICEWATERHOUSECOOPERS LLP, IS REVIEWED FOR ACCURACY BY THE PLAN MANAGER BEFORE IT IS SIGNED AND SUBMITTED TO THE IRS. ----------------------------------- AVAILABILITY OF GOVERNING DOCUMENTS, ETC. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE TRUST AGREEMENT IS MADE AVAILABLE TO PLAN BENEFICIARIES. THE TRUST AGREEMENT IS GENERALLY NOT MADE AVAILABLE TO THE PUBLIC. ----------------------------------- AVERAGE HOURS PER WEEK DEVOTED TO POSITION FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B) AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES VARIOUS ADMINISTRATIVE SERVICES TO THE TRUST, SUCH AS ACTING AS ITS INVESTMENT MANAGER. THESE SERVICES REQUIRE THE INVOLVEMENT OF NUMEROUS INDIVIDUAL BANK EMPLOYEES IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CAN NOT BE QUANTIFIED ON AN HOURLY BASIS, BUT INSTEAD ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH UNISYS CORPORATION. |
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